Yes, the mag states collectors were misled, it doesn't state HOW collectors were misled. That statement by Coin World proves nothing. To win the argument, simply provide a written document, published by the mint, stating that both coins would be exclusive to the set.
I could care less about winning your argument or prize or any of that junk... I would however trust a writer from Coin World over any post you could chalk-up on this board or any other. I'm pretty sure you are indeed wrong on this one, but I would rather crack open another beer than waste any more time on feeding the fire. Just thought I would share what was in front of my very eyeballs, in print, on my Coin World magazine. I thought it was interesting how the author referred to them as "Mint officials," considering that a Mint official or officials is just what it's title states (in this circumstance); an official or officials of the U.S. Mint... Whoever has extra time and wants to win your respect should simply try and contact the author from Coin World and ask for details and/or reference to his written statement that I quoted from in my above post.
I like the ase coins but refuse to pay the price the mint ask for a simple dollar coin. If the coins were worth the dollars ask for them they should carry that value at a bank or anywhere you spend them, Its my opinion the buyers of these coins are being had as the only ones that will pay you the money you spent for them is a coin investor. Cannot call you a collector as the coins are bought because the value you pay for them being modern dates carry a higher price than any other modern coin ,even more than its silver worth. Id collect them if they were sold for the silver value and a small amount above to cover the makeing of the coin. They are no more than a silver bullion and should be sold as such. Will the post office start printing older stamps on silver bullion coins and selling these to us as well.
All these sets just leave a bad taste in my mouth!!! I think the mint should just go back to annual offerings and leave it at that. They will still make a profit because they control the prices.
.....given the impression. Nowhere did they come out and make the statement that the coin was going to be exclusive to the set. Never assume.......
There is no prize and it's your argument, not mine. You made a statement and I asked you to back it up. You can't back it up, so you turn it back on me. Sorry, I'm not biting.
You got me mixed-up with whoever you were in an argument with a few pages back; cause it sure wasn't me bro. I just picked your quote to post what the new Coin World states. So even if you do bite; it ain't coming off of my plate buddy
It is amazing to me that folks are complaining about the 2012 two coin ASE set. Many of the same folks were discussing the same topic for many pages on another thread in early 2012 prior to the sale of the set by the mint. If you re-read those threads, it was clear that no one knew whether the coins would be exclusive to the set. And now folks complain that one of the two coins was placed in another set. Furthermore, the set is selling for over 10% of the mint's selling price on ebay. What's to complain about?
It’s amazing to me how we keep rehashing this. As rickmp says, "It's easier to fool people than to convince them that they have been fooled."
2012 two coin Eagle set The 2012 two coin Eagle set will be worth quite a bit more money 5 years from now. IMO the people who canceled out made a mistake. It's actually good for those who those who held onto their orders and didn't cancel out when they came out with the second set with the S proof in there. The cancelation of many made it worth more. http://www.coinweek.com/commentary/...-and-san-francisco-eagle-set-number-released/ Louis Golino for Coin Week "As I have explained before , even with the extra coins made for those sets, and assuming they sell the maximum authorized 100,000 coin and currency sets, which is unlikely, the 2012-S proof will still be the second lowest mintage proof silver eagle in the series after the rare and expensive 1995-W coin, a coin that costs a minimum of about $3,000.The 225,000 number is mainly significant because it is 23,000 lower than the 20th anniversary silver eagle set issued in 2006 and because the 2012 reverse proof coin now has the second-lowest mintage of the three reverse proof silver eagles after the 2011 at 100K. And it is now the fourth lowest mintage coin in the entire silver eagle series unless one counts the 2008-W with reverse of 2007 coin, which would push it down to fifth lowest. It will take time for this news to be disseminated throughout the numismatic community, and I don’t anticipate a sudden dramatic rise in prices, especially for raw sets, but the number should help drive prices higher over time, provided that lower mintage coins are not issued in the future."
It's really all a numbers game and the numbers are low. Compare these numbers to the number of W-proof eagles produces (probably a million or so). The lower the mintage the better the coin does over time. I am assuming that people looked at the historic minatge of the Eagle and noticed this so I don't understand the pessimism? Once the people trying to flip their coins dries up the price starts to rise. If I didn't own it I would be tempted to try to get it on ebay for only a 10% premium if that's possible. Louis Golino for Coin Week "On December 6 the U.S. Mint notified the numismatic media of the final, unaudited number of 2012-S San Francisco American silver eagle proof sets sold this year, which is 224,981. The previous figure, released on July 6, was 251,302. Collectors and buyers have been eagerly awaiting this number for months because it helps determine the secondary market value of the sets. Because the number has not been audited, which will take place sometime next year, it could technically change, but probably not by much. The number is significant for several reasons, but don’t expect an instant rise in prices now that we know there were about 25,000 cancelled orders in part because collectors were angry to learn that one of the coins in the set, the 2012-S proof silver eagle, was being sold in another set, the 2012 Making American History coin and currency set."
I may be a fool but not paranoid and 10% richer because of the sets that I didn't return. I'm also betting on the future of these sets, which I believe will beat inflation. I'm still loving the 2011 sets!